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The European Parliament on March 9 voted in favor of capping interchange fees for domestic and cross-border transactions, a move that many European banks anticipated.
March 10 -
Tiered regulation could bring about a number of useful changes for regional banks, including a more customized approach to determining capital adequacy and simplified resolution planning requirements.
March 10
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The Consumer Financial Protection Bureau's second arbitration study indicates the bureau's intent to regulate financial institutions' inclusion of clauses that prevent customers from suing.
March 10 -
WASHINGTON Sen. Bernie Sanders, I-Vt., on Monday said that, should he run for president in 2016, his progressive platform would include breaking up the largest Wall Street banks.
March 9 -
The Federal Reserve and JPMorgan Chase were far apart last week in how much revenue the company would be making after the kind of economic shock envisioned in the Dodd-Frank stress test. The gap has JPM observers cautiously awaiting the results of this week's CCAR test.
March 9
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New York's Amalgamated Bank is hoping to do more business with political action committee and left-leaning customers as its retail business shrinks.
March 9 -
When regulators use asset size as a yardstick, they impose unnecessary rules on larger financial institutions that employ traditional banking models.
March 9 -
Banks have spent a lot of money in order to comply with stress-test requirements. But they will only realize the value on their investments if they integrate stress-test tools and results into their daily decision-making process.
March 9 -
Two activist groups are urging the Fed and OCC to investigate whether OneWest used donations and other sweeteners to buy community support for its sale to CIT.
March 6 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the downside of public banking and the vulnerabilities unaddressed by global regulators' bail-in plan for megabanks.
March 6
